Art is also worried about “Trump’s twitter machine” and how he might use it to unleash an unholy firestorm against the Yellen Fed post rate hike — saying “see I told you fuckers the Fed would hike once I got it.” This has Art a little worried. Other than that, there are some idle concerns over the veracity of the rally and the willingness of the rabid animal dogs at the Fed to press forward with multiple hikes in 2017.
Considering the fact the market has done most of the heavy lifting for the Fed, with the 10yr rising from a post Brexit low of 1.36% to 2.45%, Art and others want to know what in the hell the Fed will do in 2017?
Will the dot plot return?
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Dipping into my 8-ball, I predict the Fed will hike tomorrow, then wait a year and hike again in Dec 2017, then again in Dec 2018
Stocks up! Bonds up! Vix up! Fed up?
the dot plot is the most retarded thing I’ve ever seen
There have been worse things, in past Fed history. It’s amazing what you can dig up, when you look at past history.
Fed chief briefcase: a sign
June 29, 1999: 12:07 p.m. ET
Greenspan’s briefcase, not the economy, may forecast rate direction
http://money.cnn.com/1999/06/29/economy/fed_briefcase/
Especially past history of the Fed. That is totally amazing.